Axogen (AXGN) director receives 4,392 restricted stock units in annual equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Burke William P. Mr. reported acquisition or exercise transactions in this Form 4 filing.
Axogen, Inc. director William P. Burke received a grant of 4,392 restricted stock units as equity compensation for his service on the Board of Directors. Each restricted stock unit represents a contingent right to receive one share of Axogen common stock. The annual equity grant is based on a $185,000 valuation as of the grant date and will vest on June 24, 2027. Following this grant, Burke holds 4,392 restricted stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Burke William P. Mr.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4,392 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 4,392 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Axogen, Inc. common stock. Annual equity grant for service as Director on the Axogen, Inc. Board of Directors. The number of shares pursuant to the equity grant is based on a $185,000 valuation as of the grant date and vests on June 24, 2027, the one-year anniversary of the grant date.
Key Figures
RSUs granted: 4,392 units
Grant valuation: $185,000
Underlying shares: 4,392 shares
+2 more
5 metrics
RSUs granted
4,392 units
Annual equity grant to director on grant date
Grant valuation
$185,000
Valuation used to determine number of RSUs
Underlying shares
4,392 shares
Common stock underlying the restricted stock units
Post-grant RSU holdings
4,392 units
Total restricted stock units held after transaction
Vesting date
June 24, 2027
Scheduled vesting of the RSU grant
Key Terms
Restricted Stock Units, annual equity grant, Board of Directors
3 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
annual equity grant financial
"Annual equity grant for service as Director on the Axogen, Inc. Board"
Board of Directors financial
"service as Director on the Axogen, Inc. Board of Directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
What did Axogen (AXGN) disclose about William P. Burke in this Form 4?
Axogen reported that director William P. Burke received 4,392 restricted stock units as an annual equity grant. These units are compensation for his Board service and convert into common shares upon vesting, aligning his interests with shareholders.
How many Axogen (AXGN) restricted stock units were granted to William P. Burke?
William P. Burke was granted 4,392 restricted stock units. Each unit represents a contingent right to receive one share of Axogen common stock, providing equity-based compensation tied directly to the company’s future share performance.
What is the valuation of William P. Burke’s Axogen (AXGN) equity grant?
The equity grant to William P. Burke is based on a $185,000 valuation as of the grant date. This valuation determines how many restricted stock units he received for his annual Board compensation package.
When do William P. Burke’s Axogen (AXGN) restricted stock units vest?
The restricted stock units granted to William P. Burke vest on June 24, 2027. Vesting on the one-year anniversary of the grant date encourages continued Board service and longer-term alignment with shareholder interests.
How many Axogen (AXGN) equity awards does William P. Burke hold after this grant?
After this grant, William P. Burke holds 4,392 restricted stock units directly. Each unit is linked to one potential share of Axogen common stock, representing his current equity-based compensation position from this filing.